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(4th LD) BOK to maintain restrictive policy after freezing key rate for 4th consecutive time

(ATTN: ADDS BOK Gov.'s remarks in paras 7-8)SEOUL, July 13 (Yonhap) -- South Korea's central bank said Thursday it will maintain its monetary tightening mode due to still high inflation and financial uncertainties after holding its key intere
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Listed firms' market cap gains 18.7 pct in H1

SEOUL, July 13 (Yonhap) -- The market value of listed firms in South Korea jumped nearly 19 percent in the first half of 2023 amid a bullish stock market, with Samsung Electronics Co. retaining its top-cap status, a corporate tracker said Thursday.Th
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(3rd LD) BOK to maintain restrictive policy after freezing key rate for 4th consecutive time

(ATTN: CHANGES headline, lead; ADDS more details in paras 5-6)SEOUL, July 13 (Yonhap) -- South Korea's central bank said Thursday it will maintain its monetary tightening mode due to still high inflation and financial uncertainties after holding
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Int'l passengers at Gimpo Int'l Airport rebound to 60 pct of pre-pandemic level

SEOUL, July 13 (Yonhap) -- The volume of international passengers traveling via Gimpo International Airport in western Seoul rebounded in the first half to about 60 percent of the pre-COVID-19 levels, the airport operator said Thursday.In the January
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S. Korea reports net inflow of migrants in 2022 amid eased virus concerns

By Kang Yoon-seungSEJONG, July 13 (Yonhap) -- South Korea reported a net inflow of migrants in 2022, data showed Thursday, following thenormalization of global travel amid eased concerns over the COVID-19.The number of international migrants, referri
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Lotte Duty Free opens Melbourne Airport store

SEOUL, July 13 (Yonhap) -- Lotte Duty Free, the travel retailer of Hotel Lotte Co., said Thursday it has opened a duty-free shop at Australia's Melbourne Airport and aims to boost annual sales to 300 billion won (US$235.4 million). In January, Lo
(URGENT) All BOK board members still open door for another 0.25 percentage point rate hike

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(URGENT) Talks on rate cut could start when inflation is surely to near 2 pct: BOK chief

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(URGENT) It is too early to say a rise in household debt is excessive: BOK chief

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(URGENT) BOK's rate freeze was unanimous: BOK chief

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(2nd LD) BOK freezes key rate for 4th consecutive time amid slowdown, easing inflation

(ATTN: ADDS more details in paras 7, 20-21, photo)SEOUL, July 13 (Yonhap) -- South Korea's central bank held its key interest rate steady for the fourth straight time Thursday in the face of murky growth outlook and moderating inflation.In a wide
Full text of BOK statement on monetary policy decision in July

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SEOUL, July 13 (Yonhap) -- The following is the full text of the Bank of Korea's statement on its latest monetary policy decision. The central bank's monetary policy board voted Thursday to hold the key interest rate steady for the fourth str
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(LEAD) S. Korea's fiscal deficit narrows on-year through May

(ATTN: UPDATES with more info in para 3)SEJONG, July 13 (Yonhap) -- South Korea's fiscal deficit narrowed in the first five months of 2023 from a year earlier as the country cut spending on pandemic-related expenditures, data showed Thursday.The
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S. Korea's fiscal deficit narrows on-year through May

SEJONG, July 13 (Yonhap) -- South Korea's fiscal deficit narrowed in the first five months of 2023 from a year earlier as the country cut spending on pandemic-related expenditures, data showed Thursday.The managed fiscal balance, a key gauge of f
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(LEAD) BOK freezes key rate for 4th consecutive time amid slowdown, easing inflation

(ATTN: ADDS more details from 7th para)SEOUL, July 13 (Yonhap) -- South Korea's central bank held its key interest rate steady for the fourth straight time Thursday in the face of murky growth outlook and moderating inflation.In a widely expected
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BOK freezes key rate for 4th consecutive time amid slowdown, easing inflation

SEOUL, July 13 (Yonhap) -- South Korea's central bank held its key interest rate steady for the fourth straight time Thursday in the face of murky growth outlook and moderating inflation.In a widely expected decision, the monetary policy board of
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(URGENT) BOK freezes key rate for 4th consecutive time at 3.5 pct

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Kia to invest US$200 mln to produce EV9 at U.S. plant

SEOUL, July 13 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker by sales, said Thursday it will invest US$200 million to produce the all-electric EV9 SUV in its U.S. plant next year. The flagship EV9 will be the first EV for Kia to be
(EDITORIAL from Korea Times on July 13)

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Nuclear power renaissanceKorea should pursue balanced energy mix with renewablesThe Yoon Suk Yeol government is speeding up its switch from renewables to nuclear energy for Korea's "green transition.""Many private companies stre
Top headlines in major S. Korean newspapers

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SEOUL, July 13 (Yonhap) -- The following are the top in major South Korean newspapers on July 13.Korean-language dailies-- Yoon recognizes release of contaminated water during meeting with Kishida (Kyunghyang Shinmun)-- Kishida vows to stop wastewat